Categories: Business & Economy

FG Gives Reasons For High Cost Of Food In Nigeria

FG has given reasons for the high cost of food items in the country.

EKO HOT BLOG reports that the Federal Government has blamed the high cost of food in Nigeria on rising inflation and smuggling.

The Minister of Agriculture, Mohammad Abubakar, said this while speaking in Abuja at the Fifth edition of the President Muhammadu Buhari (PMB) Administration scorecard, 2015-2023.

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He said the challenge is not limited to Nigeria as the COVID-19 pandemic shattered economies.

“The fact that some categorises of food are imported by Nigeria is not an indication that we have food shortages.

“The high cost of food that we experience in the country is a result of rising inflation, which is not peculiar to Nigeria but due to the COVID-19 pandemic that forced many sectors of economic production to be shut down for many months,” he said.

The Minister added that efforts were being made to checkmate smuggling.

Many Nigerians have expressed concern over the current high prices of foodstuff and cooking gas, urging the government to intensify measures to address the situation.

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The citizens said the situation was making life unbearable for them.

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Benard Joseph

Benny is a seasoned storyteller with a deep interest in Public Relations, Art Directing, HR and Investigative Journalism. He can be reached via; WhatsApp; wa.me//2348104490787 Email: bernardjoseph787@gmail.com Twitter; @jooleric Instagram; @jooleric LinkedIn; Benard Joseph

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